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Comer Industries SpAMIL:COM +5.06%89 Forward Rate of Return (Yacktman) % is 25.09% as of Dec. 2025, which is 3% above its 10-year median of 24.45. GuruFocus rates MIL:COM with a GF Score™ of 89/100 and a GF Value™ of €30.47 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 170 Farm & Heavy Construction Machinery companies, Comer Industries SpA ranks better than 88.82% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Comer Industries SpA's forward rate of return for was 25.09%.
The historical rank and industry rank for Comer Industries SpA's Forward Rate of Return (Yacktman) % or its related term are showing as below:
MIL:COM'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 17.16 Med: 24.45 Max: 28.65
Current: 24.59
During the past 11 years, Comer Industries SpA's highest Forward Rate of Return was 28.65. The lowest was 17.16. And the median was 24.45.
MIL:COM's Forward Rate of Return (Yacktman) % is ranked better than 88.82% of 170
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.32
vs MIL:COM: 24.59
Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.
Be Aware
In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.
Comer Industries SpA Forward Rate of Return (Yacktman) % Related Terms
Comer Industries SpA Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Comer Industries SpA's Forward Rate of Return (Yacktman) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Comer Industries SpA Forward Rate of Return (Yacktman) % Chart
MIL:COM vs CAT, DE, PCAR: Forward Rate of Return (Yacktman) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Comer Industries SpA's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Comer Industries SpA Forward Rate of Return (Yacktman) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Comer Industries SpA's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Comer Industries SpA's Forward Rate of Return (Yacktman) % falls into.
Comer Industries SpA Forward Rate of Return (Yacktman) % Calculation
Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Rate of Return (Yacktman) % of 25.09% mean?
Comer Industries SpA (MIL:COM) has a Forward Rate of Return (Yacktman) % of 25.09% as of Dec. 2025. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Comer Industries SpA and its competitors. This is near median its historical median of 24.45. Over the past decade, Comer Industries SpA's Forward Rate of Return (Yacktman) % has ranged from 17.16 to 28.65. According to the industry distribution chart, Comer Industries SpA ranks #19 out of 170 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 11.2%.
Is Comer Industries SpA's Forward Rate of Return (Yacktman) % too high?
Comer Industries SpA's current Forward Rate of Return (Yacktman) % of 25.09% is near median its 10-year median of 24.45. Over the past 10 years, this metric has ranged from a low of 17.16 to a high of 28.65. The Farm & Heavy Construction Machinery industry median Forward Rate of Return (Yacktman) % is 10.32. Comer Industries SpA's value of 25.09% is 143.1% above this industry median. Based on the distribution chart, Comer Industries SpA ranks #19 out of 170 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Comer Industries SpA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comer Industries SpA's Forward Rate of Return (Yacktman) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Comer Industries SpA ranks #19 out of 170 companies for Forward Rate of Return (Yacktman) %. This places Comer Industries SpA in the top 11% of its industry — outperforming the majority of peers. The industry median Forward Rate of Return (Yacktman) % is 10.32. Comer Industries SpA's value of 25.09% is 143.1% above this benchmark. Historically, Comer Industries SpA's own Forward Rate of Return (Yacktman) % has ranged from 17.16 to 28.65 over the past decade. While the company's 10-year median is 24.45 vs. the industry median of 10.32, Comer Industries SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for a Farm & Heavy Construction Machinery company?
The median Forward Rate of Return (Yacktman) % among Farm & Heavy Construction Machinery companies is 10.32, based on 170 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comer Industries SpA's current Forward Rate of Return (Yacktman) % of 25.09% is 143.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Comer Industries SpA and its competitors. For the Farm & Heavy Construction Machinery industry, the median Forward Rate of Return (Yacktman) % is 10.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comer Industries SpA's current Forward Rate of Return (Yacktman) % is 25.09%, which is near median its own 10-year median of 24.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comer Industries SpA stock overvalued right now?
Based on GuruFocus' analysis, Comer Industries SpA (MIL:COM) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.47, compared to a current price of €49.80 — trading 63.4% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 25.09%, which is near median its 10-year median of 24.45 and 143.1% above the Farm & Heavy Construction Machinery industry median of 10.32. Comer Industries SpA's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Comer Industries SpA (MIL:COM), the current Forward Rate of Return (Yacktman) % is 25.09% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Comer Industries SpA (MIL:COM) Overvalued in 2026?
Based on GuruFocus' analysis, Comer Industries SpA stock appears to be overvalued.
The current stock price of €49.80 is trading 63.4% above its estimated GF Value™ of €30.47.
GuruFocus considers Comer Industries SpA to be Significantly Overvalued.
Key valuation signals for MIL:COM:
Forward Rate of Return (Yacktman) %: 25.09% (near median its 10-year median of 24.45)
GF Value™: €30.47 vs. price of €49.80 (63.4% above fair value)
Industry Position: 143.1% above the Farm & Heavy Construction Machinery median (#19 of 170)
No single metric tells the full story. See the MIL:COM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comer Industries SpA is engaged in the design and production of advanced engineering systems and mechatronic solutions for power transmission. It operates in the sectors of Agricultural and Industrial. The products offered by the group include Gearboxes, Driveshafts, Powertrain, Planetary drives, and Wheel drives.
89GF Score
Get the complete analysis for MIL:COM
Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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